FedEx Freight Spins Off, Predicts Revenue Drop
Update: 2025-12-19
Description
FedEx Freight, set to become a publicly traded company, saw a 1.7% revenue drop in Q2 due to decreased shipping activity, aligning with broader manufacturing data. The division now expects a slight revenue decrease for the full fiscal year, despite a general rate increase. FedEx as a whole reported stronger earnings and raised its financial outlook.
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